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Tesla's data center operations in Texas face potential regulatory scrutiny following the election of Gina Hinojosa as governor.
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Unrealistic Expectations Please click here for an enlarged chart of State Street Health Care Select Sector SPDR ETF (NYSE:XLV). Note the following: As a reminder, we are politically agnostic. The momo
Ten U.S. tech giants erased about $1.74 trillion in market value Thursday as Nvidia, Micron and AMD led a post-midterm sell-off in AI and chip stocks.
Four sectors are higher and seven are lower in Thursday’s regular session, with defensive sectors holding two of the top three positions. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.
Six tech giants—Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta—comprise 30.8% of the S&P 500 as of November 2026. While these companies have driven significant AI-related spending and capital investments, their performance varies widely. Alphabet has emerged as the strongest performer with 63% gains over two years, while Meta lags with only 7% growth. The index continues to concentrate among mega-cap tech stocks, with the top 10 companies now accounting for 39% of total weight.
Tesla has officially announced plans to launch operations in Oman, with the market entry scheduled for 2027.
Following Democrats' midterm election victory, stocks surged on Wednesday with the S&P 500 gaining 1.8% and the Dow up 3.2%. Historically, the third year of a presidential term shows the strongest stock market performance, averaging 13.7% gains since 1980. With a divided government now in place and positive seasonal trends from November through April, investors are optimistic about continued market gains, though AI infrastructure stocks initially fell on data center concerns.